Rupert Murdoch's children started ‘secretly discussing' the future of his empire after seeing a ‘Succession' episode [Fortune]
News Corporation - Class B (NWS)
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Source: Fortune
On Saturday, a Nevada commissioner ruled against Murdoch's attempt to change his family's trust to put his eldest son, Lachlan, in charge of the media empire and solidify Fox News's right-wing editorial swing, according to a sealed court document obtained by The New York Times Murdoch, 93, had already named Lachlan as his corporate successor when he stepped down last year as chairman of Fox News and News Corp. The drama of what would happen to Murdoch's power and wealth (which is estimated at about $12 billion, according to Bloomberg 's Billionaires Index ) has unfolded both in real life and on the screens in HBO's hit television show Succession . While the TV show isn't an outright depiction of the Murdoch family, there are several close ties , including a main character, Logan Roy, who is an aging media titan. Both Murdoch and Roy “encourage their children to compete to be their successor, though they seemingly have no intention of ever dying, let alone retiring,” according to Ne
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